Rosemary Road, Clacton-on-Sea
MI

Rosemary Road, Clacton-on-Sea

By Mike Vincent & Son

£ 260,000

Reviews

2 out of 5 stars

Mike Vincent & Son says ..

This FREEHOLD TOWN CENTRE PROPERTY comprises of a GROUND FLOOR COMMERCIAL premises and a SPLIT LEVEL THREE BEDROOM APARTMENT. The property is fully let producing a good annual return and benefits from off street parking. Contact selling agent Mike Vincent & Son for further information.

Property Oracle says ..

This property in Clacton-on-Sea presents a mixed bag. The three-bedroom property is situated in a town center location close to the Pier, providing easy access to shops, restaurants, and the seafront. The proximity to Clacton-on-Sea train station provides good transport links. A number of primary and secondary schools are also nearby.

However, the property shows a need for modernisation. While the bathrooms appear to have had some updates, other parts, especially the commercial space shown in the images, appear dated and potentially in need of significant repair or renovation. The lack of any outdoor space is also a significant drawback. The asking price of £260,000 appears to fall within the range of similar properties in Clacton-on-Sea, but a buyer should carefully evaluate the costs associated with bringing the property up to their desired standard before committing. Overall, this would suit a buyer looking for a project, potentially someone seeking a buy-to-let opportunity, given the already existing commercial space. Those seeking move-in ready accommodation, or significant outdoor space, may need to look elsewhere.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
1,500.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
646,500.00 £
Increased by 20.73 %
from 535,500.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,500.00 £/mo
Unchanged by 0.00 %
from 1,500.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
40.00 %
Unchanged by 0.00 %
from 40.00 %

Agent Activity

  • Mike Vincent & Son marked this listing as sold.

  • Mike Vincent & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Ten2 St. James' Family Hub Delivery SiteChildren's Centre Linked Site0.72 KM
Clacton County High SchoolAcademy ConverterGood1.17 KM
Alton Park Junior SchoolAcademy Converter1.27 KM
White Hall AcademyAcademy Sponsor LedGood1.42 KM
Oakwood Infant And Nursery SchoolCommunity SchoolGood1.49 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rosemary Road £ 000.00 KM
Beach Mews £ 135,00000.00 KM
Olivers Road £ 000.00 KM
Nelson Road £ 247,65000.00 KM
Saint Anns Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Clacton-On-Sea6850CLT0.47 KM
Thorpe-Le-Soken6857TLS6.49 KM
Weeley6859WEE8.16 KM
Kirby Cross6862KBX8.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
York Road, Holland-On-Sea £ 195,000BUY7 / 100.04 KM
Rosemary Road, Clacton-On-Sea £ 110,000BUY6 / 100.05 KM
Rosemary Road, Clacton-On-Sea £ 73,750BUY7 / 100.07 KM
The Grove, Clacton-on-Sea £ 345,000BUY7 / 100.08 KM
Station Road, Clacton-on-Sea, CO15 £ 125,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
14 The Grove £ 128,0000.09 KM
27 The Grove £ 33,0000.09 KM
30 The Grove £ 200,0000.09 KM
15a The Grove £ 126,0000.09 KM
8 The Grove £ 148,0000.09 KM